Sun Pharmaceutical Industries is the most exposed Indian drug maker to US President Donald Trump’s latest tariff threat on medicines, global brokerage Jefferies has warned, even as it reiterated that the base case remains for generic drugs to stay exempt from the proposed levy. Jefferies said media reports suggest the Trump administration is preparing to […]
PNB Q4 updates: Global business rises 11% YoY to Rs 29.72 lakh crore; advances jump 13%
State-lender Punjab National Bank (PNB) on Thursday announced an 11% growth in its global business for the quarter ending March at Rs 29.72 lakh crore compared to Rs 26.83 lakh crore in the year ago period. In this, the domestic business rose nearly 10% in Q4FY26 to Rs 28.45 lakh crore versus Rs 25.77 lakh […]
RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisition
Indian banking regulator the Reserve Bank of India (RBI) has granted approval to Emirates NBD Bank (P.J.S.C) to acquire up to 74% stake in RBL Bank, marking a potential shift in ownership and strategic direction. The approval was communicated via a letter dated April 1, 2026, ET had earlier reported, citing sources. The report said […]
What’s the key to outperformance in stock market? Nithin Kamath explains
Zerodha co-founder Nithin Kamath on Tuesday reiterated his long-standing view that diversified investing remains the most reliable path to outperformance. In a post on social media, Kamath, with an example of an account performance graph on Zerodha’s Console platform, may look just like a simple chart, but it involves significant backend engineering to ensure accuracy. […]
Bajaj Finserv, ICICI Bank among 5 Sensex stocks hit 52-week lows; slip up to 15% in a month
Five BSE Sensex heavyweights including Bajaj Finserv, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and Hindustan Unilever — slipped up to 16% in a month to hit fresh 52-week lows amid market volatility. Source link
Gainers & Losers: Latent View and Ola Electric among 6 big movers on Thursday
D-Street Newsmakers Bulls engineered a significant turnaround on Thursday, helping benchmark indices to recover from the day’s lows and end in green, recording their second positive closing in a row. The reversal was led by IT stocks. Nifty climbed 530 points from the day’s low of 22,182.55 to finish at 22,713.10. It was up 33.70 […]
Sebi considers bringing back open market buybacks via stock exchange route
India’s market regulator Sebi is considering re-introducing open market share buybacks through the stock exchange mechanism, a route that was discontinued earlier amid concerns over transparency and price discovery. In a consultation paper released for public comments, Sebi has proposed allowing listed companies to undertake buybacks through stock exchanges once again as an additional method […]
Beyond Iran war, what drove sharp equity selloff in March? Aswath Damodaran explains
The sharp volatility seen across global equity markets in March, triggered by the Iran war and a surge in crude oil prices, reflects a recalibration of expectations rather than panic-driven selling, according to valuation expert Aswath Damodaran. In his latest note, Damodaran described markets as “playing an expectations game,” as investors attempted to process multiple […]
Sensex rebounds 1,800 pts from day’s low, settles in green; Nifty above 22,700 as rupee strengthens
Indian stock markets witnessed sharp volatility on Thursday, plunging early before staging a strong recovery, with the Sensex and Nifty ending marginally higher for the second straight session in FY27. At close, Sensex was up 185 points at 73,319.55 while Nifty was up 34 points at 22,713. The benchmark indices closed nearly 1,800 points and […]
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Trump’s Inauguration Day: What to expect Donald Trump’s second term as US President will begin with his inauguration on Monday. He plans to sign numerous executive orders and hold a campaign-style rally. Several foreign leaders are invited, and outgoing President Joe Biden will attend. The events are largely funded by Trump’s inauguration committee. Source link